From Cotton Ginning to India's Largest Business House; Inspiring Tale of Jamnalal Bajaj of Bajaj Group
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Updated on Jul 6, 2023
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A little boy was adopted by a wealthy businessman at the age of 5. During his teenage, he took a keen interest in the family business. Today that family business is known as the ‘Bajaj Group’ and the man behind it was Jamnalal Bajaj, the founder of the Bajaj Group. This Independence Month, Machine Maker brings to you the incredible story of the man who laid the foundation of the Indian Manufacturing industry- Freedomfacturer, Jamnalal Bajaj. Today, the Bajaj Group is amongst the top 10 business houses in India. The company extends over a wide range of industries, right from automobile manufacturing to financing agencies. Bajaj Auto is ranked as the world's fourth-largest three and two-wheeler manufacturer and the Bajaj brand is well-known across several countries in Latin America, Africa, Middle East, South, and Southeast Asia. But little do the people know about the man who laid the foundation of it or his journey from cotton ginning to being one of the largest conglomerates in India. Jamnalal Bajaj was born on 4 November 1889, in a village in Rajasthan. At the age of 5, he was adopted by a wealthy businessman from Wardha, Bachraj Seth. Jamnalal soon got involved in the family business and by his teenage, he was managing the business, the accounts, trading of commodities, to be precise- excelling at being a businessman. In 1926 he founded what would become the Bajaj Group.